Tullow Oil Stock Forecast

Stock Price Forecast

According to 7 analysts polled by S&P Global, Tullow Oil stock has a consensus rating of "Hold" and an average price target of 17p. The average 1-year stock price forecast is 29.72% higher than the current stock price, while the lowest is 7p (-45.28%) and the highest is 35p (+170.74%).

Price Target: 17p (+29.72%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	7p	17p	14p	35p
Change	-45.28%	+29.72%	+8.98%	+170.74%

* Price targets were last updated on Apr 29, 2026.

Analyst Ratings

The average analyst rating for Tullow Oil stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	1	1	1	1	1	1
Buy	1	1	1	1	1	1
Hold	2	2	3	3	3	3
Sell	1	1	1	1	1	1
Strong Sell	3	3	2	2	2	1
Total	8	8	8	8	8	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst Canaccord Genuity No rating	Canaccord Genuity	Hold Reiterates 13p → 14p	Hold	Reiterates	13p → 14p	+8.36%	Apr 29, 2026
Lydia Rainforth Barclays	Barclays	Buy Maintains 35p	Buy	Maintains	35p	+170.90%	Apr 29, 2026
Unknown Analyst Shore Capital No rating	Shore Capital	Hold Reiterates n/a	Hold	Reiterates	n/a	n/a	Apr 29, 2026
Mark Wilson Jefferies	Jefferies	Hold Upgrades 6p → 7p	Hold	Upgrades	6p → 7p	-45.82%	Feb 4, 2026

Financial Forecast

Revenue This Year

999.51M

from 847.00M

18.01%

from 847.00M

Revenue Next Year

1.02B

from 999.51M

2.19%

from 999.51M

EPS This Year

0.04

from -0.07

EPS Next Year

0.08

from 0.04

125.71%

from 0.04

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.29B	1.78B	1.63B	1.29B	847.00M	999.51M
Revenue Growth	-7.93%	38.72%	-8.36%	-21.23%	-34.20%	18.01%
Operating Income	468.50M	545.90M	719.80M	461.20M	218.40M	377.63M
Net Income	-80.70M	49.10M	-109.60M	54.60M	6.50M	103.61M
EPS	-	-	-	-	-0.07	0.04
Forward PE	4.19	1.97	2.15	1.24	1.48	4.96
Free Cash Flow	500.44M	908.14M	817.98M	486.85M	-102.04M	155.33M
FFO	-	-	-	-	-	470.10M
No. Analysts	-	-	-	-	-	6

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	1.1B
Avg	999.5M
Low	928.0M

Revenue Growth

Revenue Growth	2026	2027	2028
High	28.8%
Avg	18.0%
Low	9.6%

EPS Forecast

EPS	2026	2027	2028
High	0.04
Avg	0.04
Low	0.04

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-